500 Ocean Ave Unit 4B Brooklyn, NY 11226
Prospect Park South NeighborhoodEstimated payment $5,775/month
Total Views
9,773
3
Beds
1
Bath
--
Sq Ft
--
Price per Sq Ft
Highlights
- High-Rise Community
- 3-minute walk to Church Avenue (B,Q Line)
- 3-minute walk to Umma Park
About This Home
500 Ocean Avenue, 4B Prospect Park South
Bring your creativity and vision to this generously proportioned convertible four-bedroom home at 500 Ocean Avenue, offering the opportunity to customize a cooperative residence and create a home tailored to your lifestyle in Prospect Park South, Brooklyn.
Whether you envision a spacious primary suite, a dedicated home office, or additional bedrooms, the exceptional space and versatile layout provides the flexibility to create a home that reflects your lifestyle, needs, and design aesthetic.
From morning walks in Prospect Park, year-round activities at the Lefrak Center, performances at Kings Theatre or films at Nitehawk Cinema, this location offers convenient access to some of Brooklyn ' s best recreational, cultural, and transportation amenities, with seamless transportation via the Q train at Parkside Avenue.
Why pay for someone else's design choices when you can create a home tailored to your own vision? Properties with renovation potential often offer greater value, less competition, and the opportunity to build equity through thoughtful improvements. For qualified buyers, renovation financing options may help streamline the process by combining acquisition and improvement cost into a one loan.
Highlights:
Flexible convertible four (4) bedroom layout Exceptional opportunity ready for your vision Well-established and maintained co-op community Desirable Prospect Park South location Convenient proximity to parks, transit, dining, shopping, and entertainment Renovation financing opportunities available Create a home that reflects your vision, not someone else's choices.
Contact us today to schedule a private showing or learn more about renovation financing options.
Property Details
Home Type
- Co-Op
Year Built
- Built in 1931
HOA Fees
- $1,069 Monthly HOA Fees
Home Design
- Entry on the 4th floor
Bedrooms and Bathrooms
- 3 Bedrooms
- 1 Full Bathroom
Utilities
- No Cooling
Community Details
- 64 Units
- High-Rise Community
- Prospect Park South Subdivision
- 6-Story Property
Listing and Financial Details
- Legal Lot and Block 0060 / 05080
Floorplan
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2026 | -- | -- | ||
| 2025 | -- | -- | ||
| 2024 | -- | $0 | $0 | $0 |
| 2023 | $0 | $0 | $0 | $0 |
| 2022 | $0 | $0 | $0 | $0 |
| 2021 | $0 | $0 | $0 | $0 |
| 2020 | $0 | $0 | $0 | $0 |
| 2019 | $0 | $0 | $0 | $0 |
| 2018 | $153,849 | $1,271,700 | $370,800 | $900,900 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/01/2026 07/01/26 | Price Changed | $725,000 | -3.3% | -- |
| 06/18/2026 06/18/26 | For Sale | $750,000 | -- | -- |
Source: Real Estate Board of New York (REBNY)
About the Listing Agent
The Corcoran Group blends entertainment industry savvy with a deep love for Brooklyn, thanks to co-founders Anthony "Tmor" Morris and Lisa L. James. With decades of combined experience in real estate, marketing, and community building, they know how to get things done—and keep it personal along the way.
Focused on making quality real estate services accessible to everyone, The Morris Team has become one of Brooklyn’s go-to teams for buyers, sellers, renters, and investors alike. Their
Anthony's Other Listings
Source: Real Estate Board of New York (REBNY)
MLS Number: RLS20098712
APN: 05080-00604B
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., All rights reserved.
RLS Data display by Homes.com LLC
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